India retail leasing hit a four-year H1 high at 6.27M sq ft, per resurfaced H1 2026 data
Resurfacing figures from H1 2026: organised retail leasing rose 10.5% year on year despite a 64% decline in new mall supply. Domestic retailers accounted for 79.1% of demand, while Mumbai, Delhi NCR and Bengaluru contributed more than 75% of leasing activity.
India’s organised retail market leased a four-year half-year high of 6.27 million sq. ft. in H1 2026 despite a 64% drop in new mall supply. Domestic retailers drove 79.1% of demand, while Mumbai, Delhi NCR and Bengaluru dominated activity.
Why this matters
The data reinforces JLL India’s recent signal that India retail leasing reached a four-year H1 high as mall supply tightened, adding detail on domestic retailer demand and concentration in Mumbai, Delhi NCR and Bengaluru.
Retail-company signals are accelerating, up 201200% quarter on quarter.